BURBY News and Press, Burberry Group plc ADR From 09/15/21

The effect of Macau's increased government supervision of casinos is spilling into luxury stocks, as LVMH (OTCPK:LVMHF -2.8%) and Gucci-owner Kering (OTCPK:PPRUY -3.7%) both trend downward. Macau, known as the Las Vegas of Asia, isn't critical for the sale of luxury goods in China, but the in...

By the start of September, the FTSE All-Share had produced a total return of 12.4%, which is well above its average return of around 7%. My portfolio has done somewhat better, with a total return so far of 17.4%. This is also well above the portfolio’s average return since 2011...

The global luxury goods market’s recovery is being powered by the rapid rollout of COVID-19 vaccines, renewed consumer confidence, and increasing affluence in countries worldwide. Consequently, international luxury goods companies Hermès International Société (HESAY), Bu...

Burberry is one of the world's leading luxury fashion brands and a popular holding among "quality growth" investors. Fashion is fickle, so Burberry is by its nature a cyclical business. At £21.57, I don’t think Burberry is a terrible investment, but given the non-exist...

China's recent crackdown on businesses that do not support the country's goals may affect companies selling luxury goods in the country. Investors are worried that China's government will more aggressively push for social equality as the country is intervening in companies that could contribu...

The luxury retail industry's recovery is being fueled by a supercharged economy, a solid vaccination drive, and a rebound in discretionary spending. Given the industry’s attractive growth prospects, we believe luxury retail stocks Burberry (BURBY), Hugo Boss (BOSSY), and Signet Jeweler...

Getty Images/Getty Images Entertainment Burberry (BURBY) says that Marco Gobbetti has notified the board of his intention to step down as Chief Executive Officer and leave the company at the end of 2021. Marco will be stepping down after nearly five years with the company to take up another o...

Salvatore Ferragamo (SFRGY) says that an agreement has been reached with Marco Gobbetti to join the company as General Manager and Chief Executive Officer. Gobbetti is the current CEO of Burberry (BURBY) and will take up the position as soon as he is released from his contractual obligations,...

Burberry ended 2021 on a strong note as its Q4 revenue was just a few percent below the revenue in the comparable period in Q4 2019. The dividend has been reinstated at pre-COVID levels. Burberry isn't cheap, but the 1B GBP net cash position acts as a nice buffer for uncertain tim...

The following slide deck was published by Burberry Group plc in conjunction with their 2021 Q1 earnings call. For further details see: Burberry Group plc 2021 Q1 - Results - Earnings Call Presentation